Lagos - Stockbrokers from across the West African region are inching closer into signing an agreement that would enable them trade on all the stock exchanges in the sub-region.
The rules needed for this to happen would soon be ready before April, reports ThisDay .
A summary of the draft proposal, prepared by technical committee of the West African Capital Markets Integration Council (WACMIC) awaits endorsement by member countries.
The collaboration, according to Oscar Onyema, chairman of WACMIC, will help to build greater liquidity amongst member countries by attracting investment flows, while also creating a much larger market for local and international businesses.
Read more at ThisDay